$226,000,000 Class A-1 Student Loan Asset-Backed Notes
$164,000,000 Class A-2 Student Loan Asset-Backed Notes
$266,000,000 Class A-3 Student Loan Asset-Backed Notes
$392,900,000 Class A-4 Student Loan Asset-Backed Notes
$209,500,000 Class A-5 Student Loan Asset-Backed Notes
$38,900,000 Class B Student Loan Asset-Backed Notes
$10,000,000 Class C Student Loan Asset-Backed Notes
| Date of Issue: | June 26, 2007 |
| Issue Amount: | $1,307,300,000 |
Securities Offered:
| Class A-1 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR - 0.020% |
| CUSIP: | 784424AA1 |
| Class A-2 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR |
| CUSIP: | 784424AB9 |
| Class A-3 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.030% |
| CUSIP: | 784424AC7 |
| Class A-4 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.060% |
| CUSIP: | 784424AD5 |
| Class A-5 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.090% |
| CUSIP: | 784424AG8 |
| Class B Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.200% |
| CUSIP: | 784424AE3 |
| Class C Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.150% |
| CUSIP: | 784424AF0 |